Bragg Gaming Group (NASDAQ:BRAG, TSX:BRAG) ("Bragg" or the "Company"), a leading iGaming content and platform technology solutions provider, today announced that it expects to issue, by way of a non-brokered private placement, up to 751,445 subscription receipts (the "Subscription Receipts") at a price of US$1.73 per Subscription Receipt for aggregate gross proceeds of up to approximately US$1,300,000 (the "Offering"). The issue price of US$1.73 per Subscription Receipt is based on the closing price of the common shares of the Company (the "Shares") on the Nasdaq Stock Market LLC (the "Nasdaq") on May 29, 2026.

Upon the satisfaction of the Release Conditions (as defined herein), each Subscription Receipt will be automatically exchanged, without any further action or payment of any additional consideration therefor, subject to adjustments, for one Share and one non-transferable common share purchase warrant (a "Warrant").